147
147
Sep 27, 2012
09/12
by
FBC
tv
eye 147
favorite 0
quote 0
looking at discover financial and they're coming out with their numbers, basically the economy is improving. fewer borrowers are defaulting on their loans, on the debt. seeing more transactions, confidence has been improving for americans so they have been using their cards a little more. and paying it off. that is the environment we are in. nolast but not least, may deal with paypal, so that will add to their future transactions. for today a great day. ashley: ashley:.i. talking to john mccain about the biggest headwind facing the usa today. liz: can you imagine voting for this interview. wait until you listen come back here what he had to say. not just how we get rid of tax abductions, but all of them except two. but also which industries are mature enough that we should rip the rug out from underneath them and stop giving him all kinds of tax breaks. speaking very candidly with me. i first asked about different kinds of government strategies where government works best with this, here' here is what senator mccain had to say. >> you're picking winners and losers, and obvious in the case o
looking at discover financial and they're coming out with their numbers, basically the economy is improving. fewer borrowers are defaulting on their loans, on the debt. seeing more transactions, confidence has been improving for americans so they have been using their cards a little more. and paying it off. that is the environment we are in. nolast but not least, may deal with paypal, so that will add to their future transactions. for today a great day. ashley: ashley:.i. talking to john mccain...
171
171
Sep 27, 2012
09/12
by
KRCB
tv
eye 171
favorite 0
quote 0
and that also has to do with the economy. if the economy is doing well, there's more money sloshing around, you're going to see more speculation and you're going to see more business. >> reporter: are any elements of the election being priced into corn at this moment, or is this all drought and supply and demand driven? >> we are in harvest mode right now, so we're just really more concerned with what the bushel counter is saying in the combine than what legislator is saying on the stump. so right now, we're just trading harvest and what we think, and ultimately what we think the crop will be when we pull it out of the ground. >> reporter: scott, thanks so much. >> all right. thank you. >> tom: tomorrow, "politics in the pits" continues from chicago's livestock trading pits-- presidential politics, cattle, and pork bellies. the secutiesnd exchange commission is taking a closer look this fall at the systems and computer programs brokerage firms use to place orders. the move comes after the big trading trouble at knight capital
and that also has to do with the economy. if the economy is doing well, there's more money sloshing around, you're going to see more speculation and you're going to see more business. >> reporter: are any elements of the election being priced into corn at this moment, or is this all drought and supply and demand driven? >> we are in harvest mode right now, so we're just really more concerned with what the bushel counter is saying in the combine than what legislator is saying on the...
165
165
Sep 27, 2012
09/12
by
FBC
tv
eye 165
favorite 0
quote 0
david: they are all printing more cash in order to pump up the economy. if you believe that leads to bubbles like allen greenspan did, then this bubble is the bubble for all of these. >> is actually a bit better on revenue of 2.9 billion, they were expecting a loss of 46 cents per share. that cash on 2.3 billion, the launch of the blackberry can come 2013. >> i misspoke. the losses were not as bad as we expected. >> 2.3 billion in losses. david: okay. 2.2 billion is what is reported, so they have a little bit more about lead, they are growing a little bit, which is good news in terms of the cash on hand. how much is that cash burn and will eventually begin to catch up with her. the subscriber base was up about 2 million. i want to go back to tim if i can. when you look at research in motion and their attempts to claw back from the whole they were sinking into, did you think that you have any chance of doing it? >> you hit it on the head. it is really a question of can you get the next product out, can you get new, you know, if a product transition and get
david: they are all printing more cash in order to pump up the economy. if you believe that leads to bubbles like allen greenspan did, then this bubble is the bubble for all of these. >> is actually a bit better on revenue of 2.9 billion, they were expecting a loss of 46 cents per share. that cash on 2.3 billion, the launch of the blackberry can come 2013. >> i misspoke. the losses were not as bad as we expected. >> 2.3 billion in losses. david: okay. 2.2 billion is what is...
151
151
Sep 28, 2012
09/12
by
KTVU
tv
eye 151
favorite 0
quote 0
paul eggers reports on how the economy is coming into play on the golf course. a gallery of more than 40,000 golf fanatics from across the u.s. and europe will visit medinah country club each of the next three days for golf's premier team event. and they'll pay big bucks for the privilege. "our condo is about $2,000 for the week, our tickets were $700...probably in the vicinity of $3-4,000. the ryder tickets and all gets into about a few thousand dollars real quick." the dollars spent here offer a sharp contrast to tough economic conditions in both regions. in europe, the concern remains the sovereign debt crisis. "right now they need to rethink the way they pay for the public services, healthcare, pension systems, the education system. the money simply is not there any more to support all that." while the u.s. continues to struggle with an unemployment rate above 8%. "we have been suffering in an economy that has not been performing up to standard for a long time, almost more than 5 years at this point." adolfo laurenti of mesirow financial is more optimistic o
paul eggers reports on how the economy is coming into play on the golf course. a gallery of more than 40,000 golf fanatics from across the u.s. and europe will visit medinah country club each of the next three days for golf's premier team event. and they'll pay big bucks for the privilege. "our condo is about $2,000 for the week, our tickets were $700...probably in the vicinity of $3-4,000. the ryder tickets and all gets into about a few thousand dollars real quick." the dollars spent...
131
131
Sep 27, 2012
09/12
by
CNBC
tv
eye 131
favorite 0
quote 0
and while congress stalls, the economy appears to be stalling. economic data showing a slowdown. and forget december 31st. is the fiscal cliff impact already here? the president slamming trickle-down economics. but isn't that exactly what the fed is doing? why the so-called fed effect stinks for the little guy. plus, guess who's not paying their fair share in taxes. the federal government. a story you will not want to
and while congress stalls, the economy appears to be stalling. economic data showing a slowdown. and forget december 31st. is the fiscal cliff impact already here? the president slamming trickle-down economics. but isn't that exactly what the fed is doing? why the so-called fed effect stinks for the little guy. plus, guess who's not paying their fair share in taxes. the federal government. a story you will not want to
238
238
Sep 29, 2012
09/12
by
CNBC
tv
eye 238
favorite 0
quote 0
you have to be willing to overcome concerns about the global economy. >> mike is bullish when he comes to halliburton. he is simply buying a call. let's open that play book once again for those. this is a bullish strategy. when you buy a call you want the stock to rise by more than the cost of the trade. that is all it takes. easy pizzey. anything below that level you will see losses by expiration. >> so very simply i am looking to buy the january 36 calls. this is a simple trade because if you buy these things you only need to run through that strike by the amount of premium you are paying. the other thing is i indicated some concern about the economic data we have been getting. much of it has been that good. we have been talking about how good it has been for stock prices but not for the results of the companies. >> what do you think of the trade? >> i don't mind it. i look at crude in the weakness as a proxy for global growth. i think if you are going to play the beta trade i think you buy the calls. they are cheap. >> he is buying a longer data call. >> one more time. want to buy h
you have to be willing to overcome concerns about the global economy. >> mike is bullish when he comes to halliburton. he is simply buying a call. let's open that play book once again for those. this is a bullish strategy. when you buy a call you want the stock to rise by more than the cost of the trade. that is all it takes. easy pizzey. anything below that level you will see losses by expiration. >> so very simply i am looking to buy the january 36 calls. this is a simple trade...
60
60
Sep 28, 2012
09/12
by
CNBC
tv
eye 60
favorite 0
quote 0
economy. drop back in 1990, it dropped back in 2000 to 2001, and of course it dropped with the financial crisis an the great recession hit. what i'm worried about, mandy, what we're going to talk about right now is the far right side of that screen. both of these numbers are coming in under 50. and when we hit sub 50 for both these numbers it often portends, how i do say it, not good things. >> that is indeed ugly. in fact, brian, as we can see from those charts, when the numbers come in below 50 it often means we're heading into recession. let's ask dan greenhouse, and with us senior vice-president of the chase mid cap growth fund. dan, i would like to start with you first of all. as we can see, the economic numbers appear to be take a turn for the worst. and yet your not totally convinced that the stock market rally is over. is that a fair play? >> well, it is. it's important to remember that the u.s. stock market is not u.s. gdp. certainly in the short term if not the medium term. i would m
economy. drop back in 1990, it dropped back in 2000 to 2001, and of course it dropped with the financial crisis an the great recession hit. what i'm worried about, mandy, what we're going to talk about right now is the far right side of that screen. both of these numbers are coming in under 50. and when we hit sub 50 for both these numbers it often portends, how i do say it, not good things. >> that is indeed ugly. in fact, brian, as we can see from those charts, when the numbers come in...
135
135
Sep 27, 2012
09/12
by
CNBC
tv
eye 135
favorite 0
quote 1
economy before today's data. but it does make you worry some when you see those cap ex numbers, the shipments and the core capital goods orders and it is revisions to them. but i do think that that is more sentiment based and that as we come through this next couple of months, that you'll start to see a more -- people more apt to look at the dollar as the right place to be. >> mike murphy, go ahead. >> fundamentally, i'm agreeing with you on a lot of the points. but the old saying, don't fight the fed, you look at what's going on, there's talk that china is going to add additional stimulus tonight. but looking at this trade, if stimulus keeps coming into the market, gold is up almost 1.5% today. across the board, commodities are up. isn't it hard to be on the other side of bernanke, the ecb and china all at once? >> we tend to look at commodities as being a supply demand play. and when we look at demand, supply is adequate in most of these commodities. when we look at demand coming mostly from china, in a lot of
economy before today's data. but it does make you worry some when you see those cap ex numbers, the shipments and the core capital goods orders and it is revisions to them. but i do think that that is more sentiment based and that as we come through this next couple of months, that you'll start to see a more -- people more apt to look at the dollar as the right place to be. >> mike murphy, go ahead. >> fundamentally, i'm agreeing with you on a lot of the points. but the old saying,...
284
284
Sep 26, 2012
09/12
by
CNBC
tv
eye 284
favorite 0
quote 0
they're not doing that in any sector of the economy. this is clearly blowing smoke. >> j.d., let me give you the last word because we are running out of time. don't you think that with all of the dysfunctionalty that goes on in congress they will find some sort of common ground so we don't have the taxmageddon? >> i don't think anyone has confidence that's the case. we all hope they'll get their act together and prevent this huge tax increase from hitting the economy. no one has any particular confidence. if you're a businessman, you're the labor demand. you're not going to hire anybody without knowing. you're going to wait if you can. most of them can wait. it's just going to get worse. >> all right. gentlemen, thank you both. it is one of the real thorny issues of our time right now as we head toward the election. former credit investment banker was reportedly arrested earlier today by london police. u.s. authorities are criminally charged him back in february alleging he and two other creditors conspired to inflate the value of mortg
they're not doing that in any sector of the economy. this is clearly blowing smoke. >> j.d., let me give you the last word because we are running out of time. don't you think that with all of the dysfunctionalty that goes on in congress they will find some sort of common ground so we don't have the taxmageddon? >> i don't think anyone has confidence that's the case. we all hope they'll get their act together and prevent this huge tax increase from hitting the economy. no one has any...
221
221
Sep 26, 2012
09/12
by
KCSMMHZ
tv
eye 221
favorite 0
quote 0
and our economy is struggling with prolonged deflation and the higher yen. we need to solve these problems and create a stronger and more affluent japan. that is my mission. >> people in tokyo have expressed mixed feelings about abe's re-election. >> translator: i was for abe, but to be honest i'm surprised he actually got elected. i hope he'll do good work. >> translator: when i look back, i can't expect much from him. >> translator: i'm concerned. abe might not be capable of dealing with diplomatic issues. >>> abe comes from a political family. his grandfather was prime minister, too. shinzo abe was the youngest prime minister of the postwar era. he took office at the age of 52. he visited china and south korea during his tenure and tried to improve relations. abe's grandfather nobusuke kishi led japan in the late 1950s. into 1960. his father shintaro abe served as a foreign minister. abe promised to use his experience to revise the constitution and to reform education. so abe has a lot of political know-how and a profile. shery ahn spoke earlier with our
and our economy is struggling with prolonged deflation and the higher yen. we need to solve these problems and create a stronger and more affluent japan. that is my mission. >> people in tokyo have expressed mixed feelings about abe's re-election. >> translator: i was for abe, but to be honest i'm surprised he actually got elected. i hope he'll do good work. >> translator: when i look back, i can't expect much from him. >> translator: i'm concerned. abe might not be...
71
71
Sep 27, 2012
09/12
by
CNBC
tv
eye 71
favorite 0
quote 0
the economy's collapsed. it's harder for them to do business and about half their oil imports have been curtailed, but the issue is will this actually cause the leadership to come to a negotiating table, say, after our presidential election? >> dan, it's mike murphy. just two quick questions. if you take the fear premium out of oil, where would you see -- how low would the price of oil go, number one? number two, if you get some sort of action in the middle east, if israel attacks iran, how high do you see the price of oil going? >> well, i think on the first one, you know, the fear premium is probably 10, $15 a barrel, something like that. you also get this bubble that today the news is better from europe so the price is up $2 on top of that as well. >> right. >> the chinese probably won't put a stimulus in until they're really starting their transition. in terms of what happens to the price of oil, that's the big question, of course, and the price would go up if anything happened. you'd see the strategic pe
the economy's collapsed. it's harder for them to do business and about half their oil imports have been curtailed, but the issue is will this actually cause the leadership to come to a negotiating table, say, after our presidential election? >> dan, it's mike murphy. just two quick questions. if you take the fear premium out of oil, where would you see -- how low would the price of oil go, number one? number two, if you get some sort of action in the middle east, if israel attacks iran,...
134
134
tv
eye 134
favorite 0
quote 0
remember, please the economy is at stall speed. unemployment 8%, and foreign policy in the middle east unravelling, little mention in the mainstream media. listen from the obama campaign team in advance of debate campaign spokeswoman, quote, what the american people are looking for is not just a professorial list of facts or accomplishments or even goals. obama has a tendency to give long substantive answers. simply, she is saying the president too smart for the average american. here is the washington examiner's reaction to that quote. worry about obama being too professor professorial to couch-sitting beer drinkers. the polls have him ahead and bill o'reilly is here to talk about the debate and how the media will spin it. all the names at the top of the hour. bill o'reilly. and talking to college student at university of michigan as part of the job creations solutions tour, and responded to the heckler. listen to this. >> this is the-- [crowd boos] . >> usa, usa. >> and that economy 25% of the world gdp. stuart: you want to hear
remember, please the economy is at stall speed. unemployment 8%, and foreign policy in the middle east unravelling, little mention in the mainstream media. listen from the obama campaign team in advance of debate campaign spokeswoman, quote, what the american people are looking for is not just a professorial list of facts or accomplishments or even goals. obama has a tendency to give long substantive answers. simply, she is saying the president too smart for the average american. here is the...
231
231
Oct 3, 2012
10/12
by
CNBC
tv
eye 231
favorite 0
quote 0
i would tell you, i do think the chinese economy in particular, the export economy, is structurally broken. i think that's a big change. i've been going to china since 1995. i think there's a fundamental shift in what's going on. we saw that in the caterpillar numbers. you saw that in the federal express numbers. some people think that's cyclical. i think there's prob a m secular component to it. >> this is a very important point you're making because china's growth has been driven by the export economy. you're saying that it's in trouble, it's broken. >> i'm not saying it's broken. i'm saying there's a transition going on towards consumption exporting to europe and real estate are no longer going to be their drivers nap will probably create more volatility than we've had in the past. >> how easy is it to expect this transition? you're buying in the consumer space. >> yes, and you have the transition of the government. one of the other big messages we picked up over there, particularly in i understondia, emerging market central banks, they're very concerned about what the traditional bank
i would tell you, i do think the chinese economy in particular, the export economy, is structurally broken. i think that's a big change. i've been going to china since 1995. i think there's a fundamental shift in what's going on. we saw that in the caterpillar numbers. you saw that in the federal express numbers. some people think that's cyclical. i think there's prob a m secular component to it. >> this is a very important point you're making because china's growth has been driven by the...
257
257
Sep 28, 2012
09/12
by
CNBC
tv
eye 257
favorite 0
quote 0
and fade the economy. sell materials because those are exposed to the global economy. it makes some sense in theory. but the world doesn't act that way anymore. so look what's happened. the overall market has done very well. i'm sticking with sectors for the month. but this is true for the quarter as well. if you're fading materials, it doesn't make sense. it's been one of the big gainers. energy stocks have been big gainers. so a whole market has been lifted because of the actions of the federal reserve. take a look at the global indices. that hasn't worked that well this month or quarter at all. spain, germany and brazil have outperformed the s&p 500. and even china, while it isn't doing great, i'm not making any claims it is, it's almost on the par with the united states so far this month. my point here, carl, is don't fight ben bernanke. if he came out and said, ladies and gentlemen, me and mr. drogy and i want people to buy stewed prunes, everybody should listen carefully. you may think it's wrong, but i sure would not go out and short stewed prunes on that idea.
and fade the economy. sell materials because those are exposed to the global economy. it makes some sense in theory. but the world doesn't act that way anymore. so look what's happened. the overall market has done very well. i'm sticking with sectors for the month. but this is true for the quarter as well. if you're fading materials, it doesn't make sense. it's been one of the big gainers. energy stocks have been big gainers. so a whole market has been lifted because of the actions of the...
108
108
Sep 26, 2012
09/12
by
CNBC
tv
eye 108
favorite 0
quote 0
they've seen their economy falling. they've seen very high rates of unemployment. as high as 50% for young people. we also saw violence in athens greece, today as well. they were protesting there as well because you could say, same story. another round of cuts of government spending which will mean lower salaries, pensions that could be affected as well. a lot of the details haven't come out, but they kind of know the story already. this is athens. once again, molotov cocktails as we have seen in the past. tear gas being used by the police to disperse the protesters. a lot of back and forth. that lasted just a couple of hours. it was smaller than we've seen in the past. but once again, two capitals in europe erupting in the last two days, today, in fact over austerity measures being imposed as they try to balance their budgets. >> michelle caruso-cabrera, thank you for that update. beakers, i'm going to you. the worse things get, the more likely it will be that spain actually seeks a bailout, right? borrowing costs have to remain high. 32 basis points rose in spani
they've seen their economy falling. they've seen very high rates of unemployment. as high as 50% for young people. we also saw violence in athens greece, today as well. they were protesting there as well because you could say, same story. another round of cuts of government spending which will mean lower salaries, pensions that could be affected as well. a lot of the details haven't come out, but they kind of know the story already. this is athens. once again, molotov cocktails as we have seen...
220
220
Sep 26, 2012
09/12
by
CNBC
tv
eye 220
favorite 0
quote 0
economy, we're watching materials as well today. typically these react most when we have these increase concerns about the problems in the eurozone, the ongoing problems and the lack of progress in actually dealing with those problems. higher expenses at apply there. that stock is likely to be a big mover today. we want to note american greeting signal a.m. receiving an offer to go private from the weis family. again, still no open for the ipo. >> let's shift to the bonds and the dollar. good morning, rick. >> good morning, carl. like an answering machine, there's a loop and the markets have a loop and we're seeing this loop again and we all know what it is. let's look at some one-month charts. it's starting to come down. you can see aggressively the boon chart, over the sea, over the pond. their rates on the ten-year maturity are looking very similar. also moving down. well, what's moving up? let's look at a one-month chart of two-year maturities in spain. you can see what's kicking up. about 25 basis points. you can see what's kic
economy, we're watching materials as well today. typically these react most when we have these increase concerns about the problems in the eurozone, the ongoing problems and the lack of progress in actually dealing with those problems. higher expenses at apply there. that stock is likely to be a big mover today. we want to note american greeting signal a.m. receiving an offer to go private from the weis family. again, still no open for the ipo. >> let's shift to the bonds and the dollar....
189
189
Sep 27, 2012
09/12
by
FBC
tv
eye 189
favorite 0
quote 0
nicole: all of those things are very important to the economy. focusing on the budget and moving forward. we have had a stronger euro, weaker dollar. really gave a boost to our market here. they are very sensitive to the headlines abroad. the dow is up 78-point right now. i want to talk about the analyst calls. first yahoo! with a bite over at goldman sachs. just saying now that it is looking pretty good for yahoo! back to you. melissa: thank you so much. we'll climbing back after closing below $90 a barrel yesterday. so much weakness in that. bill clinton is in the pits -- phil flynn is in the pits. >> if you look it goes off the board today. the biggest spread to the next month. it is a classic squeeze play. a lot of physical counseling buyers as well as a lot of people betting after hurricane isaac gasoline production would come storming back. a lot of issues around the globe about not just here in the u.s., imports of gasoline are down big time. every major market across the country, you have the tightness of supply. there is worried that the
nicole: all of those things are very important to the economy. focusing on the budget and moving forward. we have had a stronger euro, weaker dollar. really gave a boost to our market here. they are very sensitive to the headlines abroad. the dow is up 78-point right now. i want to talk about the analyst calls. first yahoo! with a bite over at goldman sachs. just saying now that it is looking pretty good for yahoo! back to you. melissa: thank you so much. we'll climbing back after closing below...
198
198
Oct 2, 2012
10/12
by
CNBC
tv
eye 198
favorite 0
quote 0
tonight, cramer is talking to the ceo to get a real read on the economy, just ahead. all coming up on "mad money." >>> don't miss a second of "mad money." follow @jimcramer on tweeter. have a question? tweet cramer or send him an e-mail or give us a call at 1800-743-cnbc. miss something? head to madmoney.cnbc.com. >>> here's one area where playing football and managing money have a lot in common. we call it the check down. that's when the quarterback considers whom he should pass the ball to. checking down one receiver after another, find out who's open. who can score. and then hits him while he's uncovered. the best quarterbacks have a list in their heads about who to go to first, second, third, fourth, sometimes even fifth. money managers perform the same check down too. we just don't call it that. you can follow along at action alerts plus, and i do it for this show as i search for ideas that have enough merit to be noted on "mad money." how does it work? okay, today's the beginning of a new quarter but what like to do at the start of the quarter is look at the win
tonight, cramer is talking to the ceo to get a real read on the economy, just ahead. all coming up on "mad money." >>> don't miss a second of "mad money." follow @jimcramer on tweeter. have a question? tweet cramer or send him an e-mail or give us a call at 1800-743-cnbc. miss something? head to madmoney.cnbc.com. >>> here's one area where playing football and managing money have a lot in common. we call it the check down. that's when the quarterback...
187
187
Sep 28, 2012
09/12
by
CNBC
tv
eye 187
favorite 0
quote 1
but it is facing an unbalanced economy. when the export sector suffers -- perhaps there is a glimmer of light in the u.s. the u.s. is predicted to grow at 2%. that could support japan. but the biggest export partner is china and the real problem is not so much the island dispute, but the quite serious slowdown we're seeing in china. but it's considered it will slow down quite considerably for the foreseeable future. so not a particularly good point. >> you raise a good point, how relaxed you can be when we don't know what will happen over the islands? >> we've had these spats before. island disputes are a fairly natural byproduct of a more as ser difference c assertive china. you have a leadership transition in china, in the u.s., you have a leadership transition in japan of course. my forecast is that once these transitions have taken place, things will come back and business will turn to normal until the next time there's a spate. you but i don't expect this spate to get out of control to any greater extent than we've alr
but it is facing an unbalanced economy. when the export sector suffers -- perhaps there is a glimmer of light in the u.s. the u.s. is predicted to grow at 2%. that could support japan. but the biggest export partner is china and the real problem is not so much the island dispute, but the quite serious slowdown we're seeing in china. but it's considered it will slow down quite considerably for the foreseeable future. so not a particularly good point. >> you raise a good point, how relaxed...
335
335
Sep 28, 2012
09/12
by
CNBC
tv
eye 335
favorite 0
quote 0
i still think the economy in the u.s. looks better than most people would argue. the up tick in housing may be very helpful to the unemployment situation. so i wouldn't get overly bearish on the economy either, given that sector is finally starting to improve. >> rick santelli, as i mentioned, midday the results of those stress tests on the spanish banks came in not as bad as feared. that took the sheen off the treasury rally we'd had to that point. what are you watching otherwise right now? >> well, it took the sheen off, but we're still a couple basis points down on the day. we're still down a dozen basis points on the week. traders are going to continue to monitor the realities of spain, the realities of whether a bailout will be requested. you know, as carol knows from her book, if 90% of all the entrepreneurs don't succeed, it's not going to help them in the stock markets are up. what will help them is if the fundmentals are up. >> wow, carol, you have a fan of your book. >> we're chicagoans. we stick together. >> where do you stand on europe right now? are w
i still think the economy in the u.s. looks better than most people would argue. the up tick in housing may be very helpful to the unemployment situation. so i wouldn't get overly bearish on the economy either, given that sector is finally starting to improve. >> rick santelli, as i mentioned, midday the results of those stress tests on the spanish banks came in not as bad as feared. that took the sheen off the treasury rally we'd had to that point. what are you watching otherwise right...
174
174
tv
eye 174
favorite 0
quote 0
the economy is not doing well. that is when he said he would stops along the the economy is not in play. liz: the nasdaq up 33% year over year. the s&p up 31%. what is the plan? what would cause that surprised? >> i think there is also a possibility of a negative surprise. my guess would be, not a prediction, my guess would be we could have all three things that have been concerning the market for the last three years. china, europe and the u.s., all three of them, could be a little bit better going into december. you can make the story up as well as i can. china will have a november 15 and over good that will be done. a lot of things on hold. things have been on hold with the change of leadership. they have said, i was over there two weeks ago, they have told me they believe the people on the ground, not the people -- they would get a better fourth order. the third quarter would be the low quarter. europe will get a little bit better. the u.s. will have a change by the end of november. liz: never count out the chi
the economy is not doing well. that is when he said he would stops along the the economy is not in play. liz: the nasdaq up 33% year over year. the s&p up 31%. what is the plan? what would cause that surprised? >> i think there is also a possibility of a negative surprise. my guess would be, not a prediction, my guess would be we could have all three things that have been concerning the market for the last three years. china, europe and the u.s., all three of them, could be a little...
190
190
Sep 27, 2012
09/12
by
LINKTV
tv
eye 190
favorite 0
quote 0
just 60 years ago taiwan's economy was based largely on agriculture. its modernization began with the development of labor-intensive light-manufacturing industries. by the 1960s the world began to recognize the "made in taiwan" label on clothing and footwear. in the 1980s, taiwan was supplying electronic products to world markets. but by the 1990s, machinery and information and communications products were taiwan's biggest exports. development of these industries was no accident. about 30 miles southwest of taipei is hsinchu science-based industrial park, home to around 200 companies. founded by the government in 1979, hsinchu science park was part of a master plan to jump-start a high-tech microelectronics industry in taiwan. that plan began with a transfer of technology know-how from abroad, particularly from the united states. with a transfer of technology a team of researchers was sent to learn the integrated circuit, or i.c., industry from the american electronics giant rca. when they returned, the government saw its chance to cultivate this high-
just 60 years ago taiwan's economy was based largely on agriculture. its modernization began with the development of labor-intensive light-manufacturing industries. by the 1960s the world began to recognize the "made in taiwan" label on clothing and footwear. in the 1980s, taiwan was supplying electronic products to world markets. but by the 1990s, machinery and information and communications products were taiwan's biggest exports. development of these industries was no accident....
321
321
Sep 28, 2012
09/12
by
KICU
tv
eye 321
favorite 0
quote 1
today both spent time in virginia where the economy remains a dominant issue. >> our economy needs to be reinvigorated, and the president has laid out his plan. it's a continuation of the old plan. we can't afford four more years of the last four years. all right. >> romney also making while reaching out to veterans and service members. >> my opponent thinks it's fair for somebody who makes $20 million a year like him pays a lower rate than a cop or a teacher who makes 50,000. >> president obama was in virginia beach. he also talked to veterans and service members who spent 40 days now left for the election both candidates are spending the bulk of their time campaigning in swing states. >>> the california transportation commission today allocated $40 million caltrain to modernize track and eventually integrate into california's high speed rail project. the money will go toward a new high-tech signal system that prevents collisions and enforces speed restrictions. it also optimizes a number per hour. the long range is to have the track modernized by the year 2019. >>> a young actor is
today both spent time in virginia where the economy remains a dominant issue. >> our economy needs to be reinvigorated, and the president has laid out his plan. it's a continuation of the old plan. we can't afford four more years of the last four years. all right. >> romney also making while reaching out to veterans and service members. >> my opponent thinks it's fair for somebody who makes $20 million a year like him pays a lower rate than a cop or a teacher who makes 50,000....
241
241
Oct 1, 2012
10/12
by
CNBC
tv
eye 241
favorite 0
quote 0
good read on the economy with maria's exclusive interview there in san francisco with the president of oracle corp, mark hurd. i'll see you tomorrow. >>> and it is 4:00 on wall street. do you know where your money is? hi, everybody, welcome back to "the closing bell." i'm maria bartiromo coming to you today from san francisco. we're following up the close this monday night. stocks losing steam in the final hours of trading today. dow industrials had a rip roaring day, thebest, up as many as 161 points. after stronger than expected manufacturing data set the tone this morning for this market. stocks gave back much of the gains after federal reserve chairman ben bernanke defended the central bank's latest bond buying stimulus program. is that a red flag that this fed-fueled rally is in trouble? top strategists are weigh in tonight. take a look at how we're finishing the day on wall street. as you can see, things settled out, dow jones industrial average held on to a double-digit move, although well off of that 161-point rally. the nasdaq went negative, although it, too, came back off of
good read on the economy with maria's exclusive interview there in san francisco with the president of oracle corp, mark hurd. i'll see you tomorrow. >>> and it is 4:00 on wall street. do you know where your money is? hi, everybody, welcome back to "the closing bell." i'm maria bartiromo coming to you today from san francisco. we're following up the close this monday night. stocks losing steam in the final hours of trading today. dow industrials had a rip roaring day,...
154
154
Sep 27, 2012
09/12
by
FBC
tv
eye 154
favorite 0
quote 0
dagen: -- how to frame this for a year now, private economy versus government economy. again, read the "wall street journal" editorial page. thank you, dan. good to see you. >> all right. dagen: our next guest says the best bet for investors is to put their money right where the federal reserve is. joining us now is ceo of advisors asset management. overseas 8.9 billion dollars in assets as the company's chief investment officer. scott good of you to be here. how much wind do you think the markets and which markets have at their back because of the federal reserve? what they said with this new policy is really open ended. >> not only is it open ended, but they committed that they would continue this behavior well into any recovery that we would see. and that's probably the big difference of what we saw last week versus the prior fed policy of just going on these bond-buying programs, calling it qe 1, qe 2. dagen: the goal of what the fed is doing to drive longer term interest rates down even more than you would put your money in treasuries, because it is very hard to ge
dagen: -- how to frame this for a year now, private economy versus government economy. again, read the "wall street journal" editorial page. thank you, dan. good to see you. >> all right. dagen: our next guest says the best bet for investors is to put their money right where the federal reserve is. joining us now is ceo of advisors asset management. overseas 8.9 billion dollars in assets as the company's chief investment officer. scott good of you to be here. how much wind do...
184
184
Sep 28, 2012
09/12
by
FBC
tv
eye 184
favorite 0
quote 0
plus the economy is a mess. why are more people suddenly feeling more confident and less conservative about their finances? are you? we're going to explain that coming up. the mayor of phoenix, arizona, goes on food stamps for a week to make a point. is the real point that the program loses 3/4 of a io
plus the economy is a mess. why are more people suddenly feeling more confident and less conservative about their finances? are you? we're going to explain that coming up. the mayor of phoenix, arizona, goes on food stamps for a week to make a point. is the real point that the program loses 3/4 of a io
194
194
Sep 29, 2012
09/12
by
CNBC
tv
eye 194
favorite 0
quote 0
they got to get this economy cooking. tonight i got a new albeit speculative way for you to play the gold ally. you know that for ages my position has been if you want to plate precious metal first do it in bullion or go with the etf that mirrors the price of gold. the monitors their stocks are too risky. we need a stock that could benefit from -- running a gold mine comes with all kinds of headaches. capital expenditure overruns, higher cash costs. mine shutdowns from labor disputes to bad weather to government intervention. gold is in a lot of places that aren't sterling democrat says. mark bristol ceo of wrangle told us gold mining is not for sissies. i have pretty much sworn off the entire space. but what if there was a company that gave you the benefits of the gold mining business, name lit ability to find new gold and increase production, and we like growth, without all the short-term headaches, these risks that make owning the stock such a horror show. i think that could be a terrific buy especially in an environme
they got to get this economy cooking. tonight i got a new albeit speculative way for you to play the gold ally. you know that for ages my position has been if you want to plate precious metal first do it in bullion or go with the etf that mirrors the price of gold. the monitors their stocks are too risky. we need a stock that could benefit from -- running a gold mine comes with all kinds of headaches. capital expenditure overruns, higher cash costs. mine shutdowns from labor disputes to bad...
192
192
Oct 3, 2012
10/12
by
KTVU
tv
eye 192
favorite 0
quote 0
economy. out of six 15-minute segments, 3 will focus on the nation's finances. the economy remains a top issue for voters. and many americans are anticipating a victory from the president. pew research reports 51% of voters say they think obama will win in tonight's broadcast. an analyst with the sunlight foundation tells first business that the pressure is on for the romney campaign. "in the polls it looks like romney is falling behind and falling further behind in the battleground states. although nationally it's a very close election, he's been hammered in the battleground states. the debates can be a great equalizer for him, but also that increases the pressure on him, whereas i think we are going to see barack obama playing a lot more defense." that was bill allison of the sunlight foundation. at long last, a wall street firm is being sued for fraud in connection with the housing crash. the suit was filed monday by the new york attorney general. the lawsuit holds jp morgan chase responsib
economy. out of six 15-minute segments, 3 will focus on the nation's finances. the economy remains a top issue for voters. and many americans are anticipating a victory from the president. pew research reports 51% of voters say they think obama will win in tonight's broadcast. an analyst with the sunlight foundation tells first business that the pressure is on for the romney campaign. "in the polls it looks like romney is falling behind and falling further behind in the battleground...
146
146
Oct 4, 2012
10/12
by
CNBC
tv
eye 146
favorite 0
quote 0
growth economy is slowing. if you're used to 5%, 10%, the impact that that has on energy, on materials, on all sorts of things is pretty significant. both for china and its implications for the rest of the world is pretty significant. >> you say 4% to 5% might be a reasonable return expectation in a domestic stock portfolio for next year. if i'm not satisfied with that, i'm greedy, i want more than that, where can i enhance my return under the scenario you predict? >> i would get similar returns still from the high-yield area. high yield acts like equities. you're not really changing your risk profile there but i'm also really interested in the emerging market areas. >> but not china. >> not china itself. that's true. it depends on some of the monetary policy, changes they may now make. but at this point, no, i agree. >> we have to leave it there. you called the market right. you said 15%. that's where we are. thanks for being with us. >>> let's go to seema for a market flash. >> we got a lot of ipos this week.
growth economy is slowing. if you're used to 5%, 10%, the impact that that has on energy, on materials, on all sorts of things is pretty significant. both for china and its implications for the rest of the world is pretty significant. >> you say 4% to 5% might be a reasonable return expectation in a domestic stock portfolio for next year. if i'm not satisfied with that, i'm greedy, i want more than that, where can i enhance my return under the scenario you predict? >> i would get...
302
302
Oct 1, 2012
10/12
by
CNBC
tv
eye 302
favorite 0
quote 0
economy is doing better than the world right now. europe is not dealing with its fiscal problems, not dealing with the economic growth problems and i think there is still a lot of adjustments necessary in china and in asia because of the chinese problems and the united states we are gradually move ago long. we're gradually growing i think building momentum, particularly in housing and orders and i think that should allow the u.s. manufacturing sectors should be doing a bit better than around the world and that inneed is the days. >> do you believe we can hold onto growing plus 50 numbers through year end? i know barring all the vasslations in the individual data, can we built on this? >> it is a close call in manufacturing. of course we are affected by what's going on around the world in manufacturing. in the broader economy if you look at the housing sector, the consumer sector, various service sectors, yes, i think the u.s. economy can continue to grow steadily and pick up moment unas we get into next year. >> the market is reactin
economy is doing better than the world right now. europe is not dealing with its fiscal problems, not dealing with the economic growth problems and i think there is still a lot of adjustments necessary in china and in asia because of the chinese problems and the united states we are gradually move ago long. we're gradually growing i think building momentum, particularly in housing and orders and i think that should allow the u.s. manufacturing sectors should be doing a bit better than around...
347
347
Oct 3, 2012
10/12
by
CNBC
tv
eye 347
favorite 0
quote 0
even if the economy gets stronger and you expect the feds to start tightening. that is why tonight we are checking up on a group of stocks that are renowned for beautiful yields. the real estate investment trusts. why? consider the ishares dow jones real estate etf. you can't decide on a single reit so you buy the whole cohort instead. it is up 12.9%. but in the last few weeks, we have been worried because this has been body slammed. we want to know if this is a garden variety pull back or the start of something worse. tonight we are going off the charts to figure out if the real estate investment stakes are done. he is a brilliant technician and perhaps the most reliable guy i have been dealing with on charts. take a look at the iyr daily chart. you can see that over the last few weeks this thing has been put through the proverbial meat grinder. is this a pull back off the recent time or are there signs of something more sinister? there is a developing head and shoulders pattern here. there you go. that is one of the most dreaded topping formations out there. n
even if the economy gets stronger and you expect the feds to start tightening. that is why tonight we are checking up on a group of stocks that are renowned for beautiful yields. the real estate investment trusts. why? consider the ishares dow jones real estate etf. you can't decide on a single reit so you buy the whole cohort instead. it is up 12.9%. but in the last few weeks, we have been worried because this has been body slammed. we want to know if this is a garden variety pull back or the...
198
198
Oct 2, 2012
10/12
by
CNBC
tv
eye 198
favorite 0
quote 0
the feds attempt to jump start the economy by any means necessary. think about how the people might have sold in october last year. why doesn't this calendar style of investing interest me to make money? simple. every year there is a way to make money. let me give you examples of why this is a lazy force that is nothing but a lovy blanket. first, when these numbers or patterns were created, the u.s. was in control of its own destiny. our fings ago system is connected with theirs. do you think any of the historical data takes on that shift that we have to deal with? no, do you think i would be ringing a gong five years ago? i think this is kind of a recent event you know. gong show. i cannot recall another time when the federal reserve is taking the step to lower the -- if the economy gets better. that means you have to lower stocks. history shows it has to be one. of course it didn't pay to sell those stocks in september. september is the worst month for investing. third, there is apple. we've never had a $600 billion stock before. we've never had a
the feds attempt to jump start the economy by any means necessary. think about how the people might have sold in october last year. why doesn't this calendar style of investing interest me to make money? simple. every year there is a way to make money. let me give you examples of why this is a lazy force that is nothing but a lovy blanket. first, when these numbers or patterns were created, the u.s. was in control of its own destiny. our fings ago system is connected with theirs. do you think...
125
125
tv
eye 125
favorite 0
quote 0
how should be addressed the economy? >> one of the mistakes the romney campaign made in trying to blame the president for the economy when you look at the reality most americans believe george bush shares more responsibility because the president inherited a mess. if that is the perception of voters try to shake that perception when it is not working it is a problem. with respect to the president he has an advantage. doesn't get all the blame. it was a terrible fiscal crisis and terrible unemployment crisis. dennis: what is your bike to obama? >> the president needs to paint the picture and be clear about where we have been and where we are and where we are going. make it clear the future is brighter. dennis: i am sick of the president blaming the other guy for problems he helped create. what do you say? >> my furnace sauce going into this is romney has to state you have been the president for the last four years, not george w. bush. we came out of some real problems in 2008 but the economy was getting better. the admini
how should be addressed the economy? >> one of the mistakes the romney campaign made in trying to blame the president for the economy when you look at the reality most americans believe george bush shares more responsibility because the president inherited a mess. if that is the perception of voters try to shake that perception when it is not working it is a problem. with respect to the president he has an advantage. doesn't get all the blame. it was a terrible fiscal crisis and terrible...
216
216
Sep 26, 2012
09/12
by
CNBC
tv
eye 216
favorite 0
quote 0
the economy needs manufacturing. machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real things... for real. ...that make a real difference. ♪ >>> finally mitt romney's got something good to feel good about. i'm talking about unemployment. specifically, what we heard from paychex, the second largest pay rolling company in america. especially hiring small businesses, which irks main clients. last night we got results from paykhex and many considered it disappointing. now, i think paychex is a well-run business. while the company is facing a tough environment, the quarter wasn't terrible by any stretch of the imagination. it beat it by a penny on a 40 cents basis and 2% year over year. last time i thought that was the hugely important key metric. however, the growth year se
the economy needs manufacturing. machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real things... for real. ...that make a real difference. ♪ >>> finally mitt romney's got something good to feel good...
129
129
Sep 28, 2012
09/12
by
FBC
tv
eye 129
favorite 0
quote 0
i a negative reading below 50 which means the economy is contracting. first time we have seen that since 2009. we also got a negative reading on consumer confidence from university of michigan. the reading was 78. confidence relatively high but not as high as some were hoping. apple's chief apologizing for the new map application saying he is, quote, extremely sorry and the new software does not live up to the company's standards. apple is down. $8. after the break, is practicing law a moral issue or is it just about making money? mark lanier will defend his business model. i should say profession. next. things have been a little strange. (sfx: sound of piano smashing) roadrunner: meep meep. meep meep? (sfx: loud thud sound) what a strange place. geico®. fifteen minutes could save you fifteen percent or more on car insurance. stuart: first off is mcdonald's. nicole: it was custom neutral. on growth concerns. looking at the noted and the global picture and we will look at the next company but just right off the bat when you look at the analysts' reports
i a negative reading below 50 which means the economy is contracting. first time we have seen that since 2009. we also got a negative reading on consumer confidence from university of michigan. the reading was 78. confidence relatively high but not as high as some were hoping. apple's chief apologizing for the new map application saying he is, quote, extremely sorry and the new software does not live up to the company's standards. apple is down. $8. after the break, is practicing law a moral...
218
218
Sep 27, 2012
09/12
by
CNBC
tv
eye 218
favorite 0
quote 0
we could grow the economy. that's what governor romney is going to try to do and i think eventually that will be reflected in the polls. >> when i look at my own state, our governor quinn has let a few slips, call them freudian slips almost hinting that should illinois get in big trouble, probably the federal government will find a way to help. this is nothing that i want to hear even talked about indirectly. do you think this will be an issue at some point? >> it could be. and let me be very clear. in nebraska and all across america, i just chaired the national governor's association this past year. americans do not want the federal government to bail out states that have failed, that have failed to adopt a balanced budget, that they continue to raise taxes. that's not what we want as americans. we want states to control their spending, create more jobs. so i certainly don't think the federal government ought to bail out a state like illinois or california if they can't do it themselves. >> governor, it's been
we could grow the economy. that's what governor romney is going to try to do and i think eventually that will be reflected in the polls. >> when i look at my own state, our governor quinn has let a few slips, call them freudian slips almost hinting that should illinois get in big trouble, probably the federal government will find a way to help. this is nothing that i want to hear even talked about indirectly. do you think this will be an issue at some point? >> it could be. and let...
101
101
Sep 28, 2012
09/12
by
CNBC
tv
eye 101
favorite 0
quote 0
that suggests the economy may not be so hot, right? >> set the stage. we just downgrade the second quarter. we went from 1.7 to 1.3. we talked about that yesterday. >> this i consistent with that. >> exactly. we thought third quarter might have a two handle on it. we're taking that two handle off. before i came on goldman sachs has a report saying they're looking at 1.9. i see some over 1.8, 1.7. slow mediocre growth continues. i think the key being, can we resolve the issues that have hung over the american economy from spain? >> is madrid more important than chicago? >> at least it is today. we wanted to see what the needs would be for the spanish banks. the numbers that they put out today after this exhaustive examination. >> do you breath numbers? >> the market believes them now. they came about in line with expectations. the number could change depending on what happens with the spanish economy and if real estate prices fall even further. you think more of this like a tradeoff. if the capital requirements had been even bigger it would have meant th
that suggests the economy may not be so hot, right? >> set the stage. we just downgrade the second quarter. we went from 1.7 to 1.3. we talked about that yesterday. >> this i consistent with that. >> exactly. we thought third quarter might have a two handle on it. we're taking that two handle off. before i came on goldman sachs has a report saying they're looking at 1.9. i see some over 1.8, 1.7. slow mediocre growth continues. i think the key being, can we resolve the issues...
33
33
tv
eye 33
favorite 0
quote 0
it also has to do with their perception that the economy's going to grow as long as the economy stagnate and it's just flat it's not worth the risk of borrowing more money even at low interest rates to expand your business because you don't see the future sales. interesting point let's bring back entrepreneurial investor reggie middleton author of the popular boom bust blog too i should say so reggie at first of all great job out there today you listen and some great responses from people who had some great conversations so what did you think of that gentlemen's analysis is that does he see it the same way you do as far as the impact of low rates and. yeah basically i agree with them if they work on first the chicken and egg scenario but if you are a prudent business manager you don't take on debt without a business case for and that if you do then you are manager and you will soon be out of business but what the government what the so what the fed and the government actually put the fed is trying to do is if it is trying to take businesses who rely on. or free money more risk free money
it also has to do with their perception that the economy's going to grow as long as the economy stagnate and it's just flat it's not worth the risk of borrowing more money even at low interest rates to expand your business because you don't see the future sales. interesting point let's bring back entrepreneurial investor reggie middleton author of the popular boom bust blog too i should say so reggie at first of all great job out there today you listen and some great responses from people who...
164
164
Oct 4, 2012
10/12
by
KTVU
tv
eye 164
favorite 0
quote 0
economy. my plan has 5 basic parts. one get us north america energy independent, that creates about 4 million jobs. number two open up more trade particularly in latin america, crackdown on china if and when they cheat, number three make sure our people have the skills they need to succeed, and the best schools in the world (we're far away from that now), number four get us to a balanced budget, number 5 champion small business. gov romney's central economic plan calls for a 5 billion dollar tax cut, on top of the extension of the bush tax cuts-- that's another trillion dollars and 2 trillion dollars in military spending that the military hasn;t asked for. that's 8 trillion dollars. how we pay for that, reduce the deficit, make the investments we need to make without dumping those costs on the middle class americans is one of the central questions of this campaign. president barack obama and former governor mitt romney adapted to the new format of debate, six segments of 15 minutes each. the next presidential debate is
economy. my plan has 5 basic parts. one get us north america energy independent, that creates about 4 million jobs. number two open up more trade particularly in latin america, crackdown on china if and when they cheat, number three make sure our people have the skills they need to succeed, and the best schools in the world (we're far away from that now), number four get us to a balanced budget, number 5 champion small business. gov romney's central economic plan calls for a 5 billion dollar...
147
147
Oct 2, 2012
10/12
by
CSPAN2
tv
eye 147
favorite 0
quote 0
it is what makes our economy. a bigger government taking more, demanding more and more, more intrusive in our lives will not make america stronger, instead, restoring freedom and opportunity will get america to work again, and i will do it. [cheers] [applause] and it is important. this election is not just about four years. it is about the course for america. over decades, we are going to make a choice now which is going to affect us for the rest of our lives. you said, all talk, you listen. and so i sat. and, then he said this, repeatedly, where is american leadership? we need american leadership. america is the only nation on earth that is a superpower and we need american leadership. [cheers] [applause] to for the last four years, we have had a foreign policy led by the strength of the personality. we need to strengthen american military and our economy and america's principles if we are going to keep this world more safe. [cheers] [applause] the greatest thing about this campaign for me personally has been mee
it is what makes our economy. a bigger government taking more, demanding more and more, more intrusive in our lives will not make america stronger, instead, restoring freedom and opportunity will get america to work again, and i will do it. [cheers] [applause] and it is important. this election is not just about four years. it is about the course for america. over decades, we are going to make a choice now which is going to affect us for the rest of our lives. you said, all talk, you listen....
96
96
Sep 27, 2012
09/12
by
KGO
tv
eye 96
favorite 0
quote 0
too many americans are struggling to find work in today's economy. too many of those working are living paycheck to paycheck. more americans are living in poverty than when president obama took office. 15 million more are on food stamps. my job creates 12 million jobs over the next four year. we shouldn't measure compassion by how many people are on welfare, we should measure compassion on how many people are off welfare and able to get a good paying job. i'm mitt romney and i approve this message. >> he cracked it himself. carrie underwood was at a concert in louisville. there was a kid in the audience, holding a sign that said will you be my first kiss? she pulled him on stage. here's what happened. >> 12 years old. >> you got a jump on me. i was 14 when i had my very first kiss. just so you know my husband is somewhere in this building, might be looking for you later. >> how are we going do this? >> lip to lip. >> this is the smartest kid ever! >> close your eyes. >> jimmy: he went for lips. let's show this that video. my research and development
too many americans are struggling to find work in today's economy. too many of those working are living paycheck to paycheck. more americans are living in poverty than when president obama took office. 15 million more are on food stamps. my job creates 12 million jobs over the next four year. we shouldn't measure compassion by how many people are on welfare, we should measure compassion on how many people are off welfare and able to get a good paying job. i'm mitt romney and i approve this...